Fleet Feet, Inc. recorded a 19.9% growth in sales in 2006 with 70 stores, surpassing $63 million in revenue compared to $52 million in 2005. Comparative store were up 17.5% on top of the 16.1% increase posted in 2005. It expects to add 12 new stores this
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Russell Corp. to Close Alexander City Plant
Russell Corp. plans to close a plant in Alexander City, AL. More than 400 workers at a plant learned last week that they will be losing their jobs when the plant closes later in the year. Some of the 425 employees will be let go as early as March 12 and a
NBA’s On-Site Sales at All-Star Game Sets Record
The NBA said that on-site retail merchandise sales during All-Star 2007 in Las Vegas increased by 54 percent versus the prior sales record set in Los Angeles in 2004…
Nike Names CFO for Affiliate Brands Group
Nike, Inc. said Greg Dinges has joined the company as VP, Nike, Inc. corporate development, and CFO of the company's Affiliate Brands Group. Dinges joins the company from PepsiCo, where he most recently was VP of corporate strategy and development…
Adidas Launches Next Phase of Impossible is Nothing Campaign
Adidas launched the next phase of its Impossible is Nothing campaign. Under the new effort, more than 30 athletes tell their 'Impossible' stories using their own hand-drawn illustrations and paintings. The campaign will launch with a globally in
Brunswick Corp. Promotes Kinsey
Brunswick Corp. promoted Jeffrey Kinsey, VP, strategy and corporate development. He succeeds Dale Tompkins, who will join Brunswick Bowling & Billiards division…
L.L. Bean to Sell IFW Logo Merchandise at its Freeport Store
L.L. Bean and the Maine Department of Inland Fisheries and Wildlife have entered into a licensing agreement that will allow L.L. Bean to sell IFW logo merchandise at their stores in Freeport. Proceeds from the sale of the merchandise will benefit the depa
Mion Launches Second Annual Film Award Program
Mion Footwear, a division of Timberland Co., said it is now accepting entries for the second annual Mion Solutions Environmental Film Award Program…
Patagonia Launches The Cleanest Line Weblog
Patagonia announced the launch of their public weblog, The Cleanest Line. Open to employees, customers, friends and industry insiders, participants are encouraged to share stories, photos, news, events and environmental action alerts. ..
Adidas Partners with Century on Boxing Equipment
Adidas plans to introduce a branded line of precision-engineered boxing equipment this fall in the U.S. Century, a leader in combative sports products based in Oklahoma City, OK, will be the US and Canadian distributor…
Blacks Leisure to Close 45 Stores
Blacks Leisure, the United Kingdom outfitter, will close about 45 loss-making stores after it revealed sales will be flat for the year to February…
Nike Plots New Distribution Center in Memphis
Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 2007, by Nike
Dick’s Sporting Goods Tests Glossy Magazine Insert
Dick's Sporting Goods recently distributed a glossy magazine promoting seasonal merchandise and featuring an assortment of co-branded copy and brand advertising, according to the In-Store Marketing Institute. Dropped in early January, the magazine fe
G.I. Joe’s Just an Ordinary Joe’s Now
G.I. Joe's has officially changed its name to Joe's. The change to a shorter name coincides with the company's 55-year anniversary, and the simultaneous openings of new stores in Bellevue and Kirkland, Wash. The retailer, based in Wilsonvil
True Temper Has Tough ’06
True Temper Sports, Inc. saw fourth quarter net sales decrease 11.8% to $24.2 million from $27.4 million last year. The company recorded a net loss for the 2006 fourth quarter of $4.6 million, widening from $0.6 million during the year-ago quarter…
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